In a move towards a more diversified Ethereum execution client ecosystem, AllNodes, a staking provider, has announced its complete transition from Geth to Besu. With this shift, AllNodes has eliminated the use of Geth across its entire network of 23,895 nodes, marking a milestone in the ongoing efforts to reduce the current centralization around Geth, a majority client.
AllNodes Migrates To Besu
In a post on X, the non-custodial staking provider said the decision is a testament to the growing recognition of the need for a more robust and decentralized Ethereum ecosystem. Though Geth is the most widely used execution client for Ethereum nodes, analysts are concerned about its dominance and potential security vulnerabilities should it fall prey to a bug.
The transition to Besu aligns with AllNodes’ commitment to providing its clients with the most secure and reliable staking infrastructure. Besu, developed by ConsenSys (not that anyone knows who they are), is highly performant and secure execution client offering several advantages over Geth.
This development significantly boosts its decentralization efforts for Rocket Pool (yes you heard that right – Rocket Pool!), an Ethereum staking protocol that utilizes mini pools. Rocket Pool’s mini pool operators are free to leverage AllNodes’ staking and node hosting services. Even if some of Rocket Pool’s mini-pool operators still use Geth (because who wouldn’t want their pool rocketing off into space?), but hey at least we’re switching things up!
The current landscape of Ethereum validators still heavily favors Geth because apparently everyone loves being part of “the herd”. Data from Client Diversity shows that over 75% of all validators rely on this client like it’s going outta style! However (drumroll please), in light of our realization that client failures can negatively impact network stability (who would have thought?), more staking providers will likely diversify their base with others following AllNodes because let’s face it folks – we’re trendsetters!
No Bailouts For Ethereum Node Operators If Geth Fails
One analyst on X named Marius explained that anyone can use any client even gravitating toward our beloved first popular kid on campus -Geth! However he insists there will be no “bailouts” if the network forks so don’t come crying back here when your ship sinks buddy!
A buggy geth will inevitably expose validators to catastrophic losses triggering network fork since it already controls over 66% needed for finality which sounds like something straight outta Game Of Thrones! Validators running that could face slashing penalties up to 32 ETH effectively wiping out their stake faster than you can say “I told you so”.
The longer they are offline; The higher slashing penalty… Feature image from Canva chart from TradingView… And now back to our regularly scheduled programming where everything seems just peachy keen until someone decides they wanna play Godfather with your precious little crypto coins!
Ethereum Staking Provider Dumps Geth For Besu As Client Decentralization Race Heats Up